4 ms·
Today, car ownership is a horrible value proposition. The car lobby has been all too successful in making America car-centric, which is a shame, because cars a
by alphanumeric0 4y ago
Today, car ownership is a horrible value proposition. The car lobby has been all too successful in making America car-centric, which is a shame, because cars are great, but they aren't the only form of transportation out there.
I've been car-free for at least five years. To be fair, I live in a city that is friendly towards alternate transportation. I bike or use my own electric scooter. I plan ahead and book a rental when I know I'll need a car. So far it's been cheaper than owning, and has saved me thousands of dollars.
It's these sorts of shenanigans that I'm glad I don't have to deal with. Paying outrageous amounts for insurance is another. Not to mention parking headaches, the constant threat of high-speed, potentially fatal, accidents, or expensive maintenance.
- HeyLaughingBoy 4y ago> I live in a city that is friendly towards alternate transportation Good for you. Most of us don't; that's why we buy cars.
- notch656a 4y ago>Today, car ownership is a horrible value proposition Owning a car was literally the only asset I had that appreciated from 2020-2022. Everything else got inflated to hell or burst in the stock crash. My new vehicle was worth more with 20k on the dash than before I drove it off the lot.
- micromacrofoot 4y agoit's completely worthless value though, you can sell the car now... and then what? buy a car that's also appreciated a similar amount if you continue using the car, the price will come back down before end of life
- notch656a 4y agoI could say that about literally anything. A house, a shoe, a radio, a soldering iron, a phone. Everything goes to zero sooner or later. My retirement plan includes selling off the car and moving to south east asia where I'll buy a 125cc moped, so I definitely plan to "cash out" sooner or later and not for another car.
- eweise 4y agoI'm guessing you don't have a family? I easily went without a car when single living in SF. Now with a house and kids, two cars are used daily.